All sessions to be held at Columbia Law School. For more information and directions, visit the venue information page.

Friday, May 15

(Author's name in bold indicates person presenting paper)

8:00 – 8:45: Registration and Continental Breakfast (Lobby of Jerome Greene Hall)

8:45 – 10:30: Session I:

Panel IA: Consumer Bankruptcy (Room 101)
Panel Chair: Kathryn Fritzdixon

Will Dobbie, Paul Goldsmith-Pinkham, and Crystal Yang, “Consumer Bankruptcy and Financial Health”
Discussant: Frank McIntyre

Rajashri Chakrabarti and Nathaniel Pattison, “Auto Credit and the 2005 Bankruptcy Reform: The Impact of Eliminating Cramdowns”
Discussant: Nadia Nasser-Ghodsi

Kathryn Fritzdixon, “Do Larger Subprime Loans cause Debt Spirals? Evidence from the TN Auto Title Lending Market”
Discussant: Chrystin Ondersma

Panel IB: Criminal Procedure (Room 102A)
Panel Chair: Murat C. Mungan

Andrew F. Daughety and Jennifer F. Reinganum, “Informal Sanctions on Prosecutors and Defendants and the Disposition of Criminal Cases”
Discussant: Anthony Niblett

Barbara Luppi, Francesco Parisi, and Daniel Pi, “Reasonable Doubt: An Economic Analysis”
Discussant: Yehonatan Givati

Murat C. Mungan and Jonathan Klick, “Reducing Guilty Pleas through Exoneree Compensations”
Discussant: Jennifer Reinganum

Panel IC: Courts, Politics, and Finance (Room 102B)
Panel Chair: Pat Akey

Yotam Kaplan, and Noam Gidron, “The Champion of a New Order: The Supreme Court and the Liberalization of the U.S. Economy”
Discussant: Rafael Franck

Abhay Aneja, Marian Moszoro, and Pablo T. Spiller, “Political Bonds: Political Hazards and the Choice of Municipal Financing Instruments”
Discussant: Suresh Naidu

Pat Akey, “Valuing Changes in Political Networks: Evidence from Campaign Contributions to Close Congressional Elections”
Discussant: Thomas Bourveau

Panel ID: Administrative Law and Legislation (Room 103)
Panel Chair: Eyal Zamir

Jonathan S. Masur and Eric A. Posner, “Toward a Pigovian State”
Discussant: Gillian Metzger

Brian Broughman and Deborah A. Widiss, “After the Override: An Empirical Analysis of Shadow Precedent”
Discussant: Thomas Merrill

Eyal Zamir, Daphna Lewinsohn-Zamir, and Ilana Ritov, “It's Now or Never! Using Deadlines as Nudges”
Discussant: Jed Stiglitz

Panel IE: Antitrust and Public Goods (Room 105)
Panel Chair: Aaron Edlin

Keith N. Hylton, “Competition and Innovation: A Framework for the Patent-Antitrust Conflict”
Discussant: Stephen Yelderman

Eric Helland and Seth A. Seabury, “Are Settlements in Patent Litigation Collusive? Evidence from Paragraph IV Challenges”
Discussant: Scott Hemphill

Aaron Edlin, Scott Hemphill, Herbert Hovenkamp, and Carl Shapiro, “The Actavis Inference: Theory and Practice”
Discussant: Ezra Friedman

Panel IF: Formal Versus Informal Contracts (Room 107)
Panel Chair: Abraham L. Wickelgren

Stephan Tontrup, “Pacta sunt Servanda – Testing Voluntary Compliance to Contracts”
Discussant: Richard McAdams

Zev J. Eigen and David A. Hoffman, “A Fuller Understanding of Contractual Commitment”
Discussant: Dane Thorley

Abraham L. Wickelgren, “A Novel Justification for Legal Restrictions on Non- compete Clauses”
Discussant: Albert Choi

Panel IG: Corporate Governance: Theory of Organization and Governance (Room 304)
Panel Chair: Jesse Fried

F. Andrew Hanssen and Alexander Raskovich, “The Property Rights Theory of Vertical Relations: Evidence from the Hollywood Studio Era”
Discussant: Albert Choi

Zohar Goshen and Richard Squire, “Principal Costs”
Discussant: Jesse Fried

Jesse Fried, “The Illusory Promise of Pre-emptive Rights”
Discussant: Zohar Goshen

Panel IH: Bias, Stereotypes, and Discrimination (Annex)
Panel Chair: Eric A. Posner

Anat Bracha, Alma Cohen, and Lynn Conell-Price, “Affirmative Action and Stereotype Threat”
Discussant: Marco Fabbri

Prasad Krishnamurthy and Aaron Edlin, “Affirmative Action and Stereotypes in Higher Education Admissions”
Discussant: Eric Rasmusen

Adam S. Chilton and Eric A. Posner, “An Empirical Study of Political Bias in Legal Scholarship”
Discussant: F. Andrew Hanssen

10:30 – 11:00: Coffee Break

11:00 – 12:45: Session II:

Panel IIA: Mergers, Acquisitions, and Takeovers (Room 101)
Panel Chair: Nitzan Shilon

Albert H. Choi, “Facilitating Mergers and Acquisitions with Earnouts and Purchase Price Adjustments”
Discussant: Yair Listokin

Lucian Bebchuk, Alon Brav, and Wei Jiang, “The Long-Term Effects of Hedge Fund Activism”
Discussant: Darius Palia

Nitzan Shilon, “The Case for Managerial Signaling in Deciding Hostile Takeovers”
Discussant: Kathryn Judge

Panel IIB: Topics in Tax Policy Design I (Room 102A)
Panel Chair: Yehonatan Givati

David Schizer, “Limiting Tax Expenditures”
Discussant: Joshua Blank

Jacob Goldin, “Nudges, Mandates, and Taxes: Policy Design with Active and Passive Decision-Makers”
Discussant: Wojciech Kopczuk

Yehonatan Givati, “Googling a Free Lunch: The Taxation of Fringe Benefits”
Discussant: Jacob Goldin

Panel IIC: Contracts and Bargaining (Room 102B)
Panel Chair: Victor Goldberg

Lisa Bernstein, “Private Ordering, Social Capital, and Network Governance in Procurement Contracts: A Preliminary Exploration”
Discussant: Jody Kraus

Benjamin Shmueli, “When Can Post-Judgment Bargaining Be Anticipated: Bridging Economic and Behavioral Approaches”
Discussant: Luigi Franzoni

Victor Goldberg, “Buffalo's Field of Dreams: Kenford Company v. Erie County”
Discussant: Dan Kelly

Panel IID: Informational Efficiency in Securities Markets (Room 103)
Panel Chair: Merritt B. Fox

Robert J. Jackson, Jr., Wei Jiang, and Joshua Mitts, “How Quickly Do Markets Learn? Private Information Dissemination in a Natural Experiment”
Discussant: Allen Ferrell

April Klein and Tao Li, “Costs and Benefits of Acquiring Information: How Hedge Fund Managers Trade on the Freedom of Information Act”
Discussant: Robert Jackson

Merritt B. Fox, Lawrence R. Glosten and Gabriel V. Rauterberg, “The New Stock Market: Sense and Nonsense”
Discussant: Joshua Mitts

Panel IIE: International Trade and Investment (Room 105)
Panel Chair: Dmitriy Skougarevskiy

Jiwon Lee and Teresa Wittgenstein, “Weak vs. Strong Ties: Explaining Early Settlement in WTO Disputes”
Discussant: Ben Depoorter

Alan O. Sykes, “Economic Necessity in International Law”
Discussant: Kevin E. Davis

Wolfgang Alschner and Dmitriy Skougarevskiy, “Consistency and Legal Innovation in the BIT Universe”
Discussant: Kish Parella

Panel IIF: Patents I (Room 107)
Panel Chair: David S. Abrams

Michael D. Frakes and Melissa F. Wasserman, “Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data”
Discussant: Kevin Collins

John R. Allison and Lisa Larrimore Ouellette, “How Courts Adjudicate Patent Definiteness and Disclosure”
Discussant: Kathy Strandburg

David S. Abrams, Ufuk Akcigit, and Jillian Popadak, “A First Empirical Look at NPE's”
Discussant: Christopher Sprigman

Panel IIG: Judicial Behavior I (Room 304)
Panel Chair: Doron Teichman

Arnaud Philippe and Aurélie Ouss, “‘No hatred or malice, fear or affection’: Media and Sentencing”
Discussant: Miguel F.P. de Figueiredo

Adi Leibovitch, “Relative Judgments”
Discussant: Max Schanzenbach

Doron Teichman, Yuval Feldman, and Amos Schurr, “Anchoring Legal Standards”
Discussant: Adi Leibovitch

Panel IIH: Empirical Studies in Criminal Law (Annex)
Panel Chair: Emily Owens

Adam B. Cox and Thomas J. Miles, “Cooperating with the Cops: The Secure Communities Program and Clearance Rates”
Discussant: Crystal Yang

Emily Owens, “Testing the School-to-Prison Pipeline”
Discussant: Amanda Agan

Miguel F.P. de Figueiredo, “Throw Away the Jail or Throw Away the Key? The Effect of Punishment on Recidivism and Social Cost”
Discussant: John J. Donohue III

12:45 - 2:00: Lunch–Faculty House

2:00 – 3:45: Session III:

Panel IIIA: Topics in Domestic and International Taxation (Room 101)
Panel Chair: Elizabeth Chorvat

John R. Brooks, II, “Quasi-Public Spending on Quasi-Public Goods”
Discussant: Edward Fox

Mihir A. Desai and Dhammika Dharmapala, “Interest Deductions in a Multijurisdictional World”
Discussant: Mitchell Kane

Elizabeth Chorvat, “Looking Through Corporate Expatriations for Buried Intangibles”
Discussant: Fadi Shaheen

Panel IIIB: Procedure and Litigation I (Room 102A)
Panel Chair: Giuseppe Dari-Mattiacci

Dov Fox and Alex Stein, “Watersheds”
Discussant: Keith N. Hylton

Itai Ater, Yehonatan Givati, and Oren Rigbi, “The Right to Counsel: Benefits and Costs”
Discussant: Crystal Yang

Giuseppe Dari-Mattiacci and Margherita Saraceno, “Fee-shifting with Two-sided Asymmetric Information”
Discussant: William Hubbard

Panel IIIC: Lawyers and Law Firms (Room 102B)
Panel Chair: David A. Hyman

Jamein P. Cunningham, “An Evaluation of the Federal Legal Services Program: Evidence from Crime Rates and Property Values”
Discussant: Gerd Muehlheusser

John Morley, “Why Law Firms Collapse”
Discussant: Lisa Rohrer

David A. Hyman, Mohammad Rahmati, Charles Silver, and Bernard Black, “Are Successful Plaintiffs’ Lawyers Good, or Just Lucky?”
Discussant: Ronen Avraham

Panel IIID: Precedent and Legal Rules (Room 103)
Panel Chair: Anup Malani

Daniel Chen, Jens Frankenreiter, and Susan Yeh, “Measuring the Effects of Legal Precedent in U.S. Federal Courts”
Discussant: Jeff Lax

Charles M. Cameron and Lewis A. Kornhauser, “Stare Decisis and Judicial Log-Rolls: A Gains-from-Trade Model”
Discussant: Scott Baker

Scott Baker and Anup Malani, “Judicial Learning and the Quality of Legal Rules”
Discussant: Jonathan Kastellec

Panel IIIE: Executives and Litigation Risk (Room 105)
Panel Chair: Emanuel Zur

Suman Banerjee, Mark Humphery-Jenner, Vikram Nanda, and Mandy Tham, “Executive Overconfidence and Securities Class Actions”
Discussant: Eric Talley

James Malm and Shawn Mobbs, “Independent Directors and Corporate Litigation”
Discussant: Michael Klausner

Hagit Levy, Ron Shalev, and Emanuel Zur, “The Effect of CFO Personal Litigation Risk on Firms’ Disclosure and Accounting Choices”
Discussant: Jared Wilson

Panel IIIF: Political Connections, Networks, Contributions (Room 107)
Panel Chair: Prasad Krishnamurthy

Thomas Bourveau, Renaud Coulomb, and Marc Sangnier, “Political Connections and Insider Trading”
Discussant: Yotam Kaplan

Geeyoung Min and Hye Young You, “Active Firms and Active Shareholders: Corporate Political Activity and Shareholder Proposals”
Discussant: Daniel Wolfenzon

Thomas Lambert, “Lobbying on Regulatory Enforcement Actions: Evidence from Banking”
Discussant: Prasad Krishnamurthy

Panel IIIG: Experiments (Room 304)
Panel Chair: Ben Depoorter

Dan Ariely, Ximena Garcia-Rada, Lars Hornuf, and Heather Mann, “The (True) Legacy of Two Really Existing Economic Systems”
Discussant: Alexander Stremitzer

Emanuela Carbonara and Marco Fabbri, “Social Influence on Third-party Punishment: an Experiment”
Discussant: Stephan Tontrup

Ben Depoorter and Stephan Tontrup, “Unenforced Laws: A Field Experiment”
Discussant: Macartan Humphreys

Panel IIIH: Judicial Behavior II (Annex)
Panel Chair: W. Bentley MacLeod

Adam Feldman and Elli Menounou, “Words That Matter: Predicting Persuasive Briefs in the United States Supreme Court”
Discussant: Jed Stiglitz

Donald P. Green, Jonathon S. Krasno, Costas Panagopoulos, Michael Schwam-Baird, and Dane Thorley, “Please Recuse Yourself: A Field Experiment Exploring the Relationship between Campaign Donations and Judicial Recusal”
Discussant: Jonah Gelbach

Elliott Ash and W. Bentley MacLeod, “Incentive and Selection Effects of Judicial Elections: Theory and Evidence from State Supreme Courts”
Discussant: Daniel Chen

3:45 – 4:15: Coffee Break

4:15 – 6:00: Session IV:

Panel IVA: Financial Institutions I: Does the Regulation of Financial Institutions Improve Outcomes? (Room 101)
Panel Chair: Gerard Hertig

Talia Gillis, “Testing Beyond Comprehension”
Discussant: Alexei Alexandrov

Andrew F. Tuch, “Regulating Investment Bankers’ Loyalty in Mergers and Acquisitions”
Discussant: Donna Hitscherich

Ettore Croci, Gerard Hertig, and Eric Nowak, “Decision-Making during the Crisis: Why did the Treasury let Commercial Banks fail?”
Discussant: Anita Anand

Panel IVB: Topics in Tax Policy Design II (Room 102A)
Panel Chair: Zachary Liscow

Yair Listokin, “Tax Expenditure Estimates Are Almost as Good as Revenue Estimates”
Discussant: David Kamin

Lee Anne Fennell and Richard H. McAdams, “The Distributive Deficit in Law and Economics”
Discussant: Zachary Liscow

Zachary Liscow, “How Income Taxes Should Change during Recessions”
Discussant: John R. Brooks, II

Panel IVC: Antitrust (Room 102B)
Panel Chair: Daniel L. Rubinfeld

Michal S. Gal and Daniel L. Rubinfeld, “The Hidden Costs of Free Goods: Implications for Antitrust Enforcement”
Discussant: James Dana

Tamer Cetin and Kadir Y. Eryigit, “Measuring the Economic Effects of Deregulation: Evidence from the Turkish Airline Industry”
Discussant: Daniel L. Rubinfeld

Alexei Alexandrov and Daniel F. Spulber, “Sufficient Decisions in Multi-Sided and Multi-Product Markets”
Discussant: Pablo Spiller

Panel IVD: Employment and Labor Law (Room 103)
Panel Chair: Evan Starr

Alison Morantz, Kathleen Choi, and Alexander Weiss, “Filing Not Found: Which Injuries Go Unreported to Worker Protection Agencies, and Why?”
Discussant: David Hoffman

Egor Matveyev, “Assortative Matching in Managerial Labor Markets: Theory and Measurement”
Discussant: Pierre-Andre Chiappori

Evan Starr, Norman Bishara, and JJ Prescott, “Noncompetes in the US Labor Force”
Discussant: Paige Skiba

Panel IVE: Regulatory Competition (Room 105)
Panel Chair: Eric L. Talley

K.J. Martijn Cremers and Simone M. Sepe, “Whither Delaware? Limited Commitment and the Financial Value of Corporate Law”
Discussant: Michal Barzuza

Jared I. Wilson, “The Value of Exclusive Forum Provisions”
Discussant: Simone Sepe

Eric L. Talley, “Corporate Inversions and the Unbundling of Regulatory Competition”
Discussant: Roberta Romano

Panel IVF: Negligence (Room 107)
Panel Chair: Omri Ben-Shahar

Alice Guerra, Barbara Luppi, and Francesco Parisi, “Presumption of Negligence”
Discussant: Shmuel Leshem

Alon Cohen and Avraham Tabbach, “Informational Negligence Law”
Discussant: Fernando Gomez

Omri Ben-Shahar and Ariel Porat, “Personalizing Negligence Law”
Discussant: Michael Frakes

Panel IVG: Voting, Elections, Representation (Room 304)
Panel Chair: Abhay Aneja

Raphael Franck, “The Lawyers' Comparative Advantage in Parliamentary Elections”
Discussant: Pat Akey

Vardges Levonyan, “What Led to the Ban on Same-Sex Marriage in California?: Structural Estimation of Voting Data on Proposition 8”
Discussant: Barak Richman

Abhay Aneja, “The Causal Effect of Political Representation on Crimes against Ethnic Minorities: State-level Evidence from India”
Discussant: Sunita Parikh

Panel IVH: Secondary Liability and Enforcement in Securities Markets (Annex)
Panel Chair: Assaf Hamdani

James J. Park, “Auditor Contributions to Securities Class Action Settlements”
Discussant: Sean Griffith

Stephen J. Choi and Adam C. Pritchard, “SEC Investigations and Securities Class Actions: An Empirical Comparison”
Discussant: Merritt B. Fox

Assaf Hamdani, “Respondeat Superior and Secondary Liability”
Discussant: David Webber

6:00 – 7:00: Cocktails

7:00: ALEA Annual Dinner–Faculty House

Presiding: Robert Scott, President, ALEA
Welcome: Gillian Lester, Dean of Columbia Law School
Speaker: Kathryn Spier, Vice President, ALEA

Saturday, May 16

8:00 – 8:30: Continental Breakfast (Lobby of Jerome Greene Hall)

8:30 – 10:15: Session V:

Panel VA: Empirical Research in Taxation (Room 101)
Panel Chair: Kyle Rozema

Matthew Dimick, David Rueda, and Daniel Stegmueller, “The Altruistic Rich? Inequality and Other-Regarding Preferences for Redistribution in the US”
Discussant: Kyle Rozema

Edward Fox, “Do Taxes Affect Marriage? Lessons from History”
Discussant: Dhammika Dharmapala

Kyle Rozema, “Excise Taxes and the Allocation of Producer Surplus”
Discussant: Matthew Dimick

Panel VB: Torts: Data and Theory (Room 102A)
Panel Chair: Benjamin J. McMichael

Robert Cooter and David DePianto, “Community vs Market Values of Life”
Discussant: Eric A. Posner

Benjamin Ogden and Keith N. Hylton, “Incentives to Take Care Under Contributory and Comparative Fault”
Discussant: Ezra Friedman

Benjamin J. McMichael, “Beyond Physicians: The Effect of Licensing and Liability Laws on Nurse Practitioners and Physician Assistants”
Discussant: Jill Horwitz

Panel VC: Institutional Investors (Room 102B)
Panel Chair: Katherine Valerie Litvak

Paul Calluzzo and Simi Kedia, “Mutual Fund Board Connections and Proxy Voting”
Discussant: Quinn Curtis

Joseph McCahery, Zacharias Sautner, and Laura T. Starks, “Behind the Scenes: The Corporate Governance Preferences of Institutional Investors”
Discussant: Holger Spamann

Vladimir Atanasov, Thomas Hall, Vladimir Ivanov, and Katherine Valerie Litvak, “The Impact of Public Pension Funds on Governance of Venture Capital Funds: Which Limited Partners Limit VC Opportunism?”
Discussant: Brian Broughman

Panel VD: Procedure and Litigation II (Room 103)
Panel Chair: Minor Myers

Dan Klerman and Greg Reilly, “Forum Selling”
Discussant: Paul R. Gugliuzza

Shay Lavie, “Quotas”
Discussant: Zach Clopton

Charles R. Korsmo and Minor Myers, “Aggregation by Acquisition: Replacing Class Actions with a Market for Legal Claims”
Discussant: Avery Katz

Panel VE: Property Regimes in China (Room 105)
Panel Chair: Wei Zhang

Yun-chien Chang and Henry E. Smith, “The Numerus Clausus Principle, Property Customs, and the Emergence of New Property Forms”
Discussant: Henry Hansmann

Shitong Qiao, “Small Property, Big Market: A Focal Point Explanation”
Discussant: Lee Anne Fennell

Ji Li and Wei Zhang, “Weak Law v. Strong Ties: An Empirical Study of Business Investment, Law and Political Connections in China”
Discussant: Frank Upham

Panel VF: Judicial Behavior III (Room 107)
Panel Chair: Joshua B. Fischman

Michael A. Bailey and Matthew L. Spitzer, “Appointing Extremists”
Discussant: Charles M. Cameron

Daniel L. Chen, Moti Michaeli, and Daniel Spiro, “Ideological Perfectionism on Judicial Panels”
Discussant: Anup Malani

Joshua B. Fischman and Tonja Jacobi, “The Second Dimension of the Roberts Court”
Discussant: Vardges Levonyan

Panel VG: Copyright (Room 304)
Panel Chair: Guy A. Rub

Paul Justin Heald, Kristofer Erickson, and Martin Kretschmer, “The Valuation of Unprotected Works: The Case of Public Domain Photographs on Wikipedia”
Discussant: Guy A. Rub

Milton Harris, S. Abraham Ravid, Ronald Sverdlove, and Suman Basuroy, “Intellectual Property Contracts: Theory and Evidence from Screenplay Sales”
Discussant: Lisa Larrimore Ouellette

Guy A. Rub, “Reconciling the Copyright-Contracts Conflict”
Discussant: Scott Baker

Panel VH: Corporate Governance: Empirical Methods (Annex)
Panel Chair: Brian Galle

Emiliano M. Catan and Marcel Kahan, “The Law and Finance of Anti-Takeover Statutes”
Discussant: Darius Palia

Vladimir Atanasov and Bernard Black, “The Trouble with Instruments: Re-examining Shock-Based IV Designs”
Discussant: Wei Jiang

Brian Galle and David Walker, “Sunshine, Stakeholders, and Executive Pay: A Regression-Discontinuity Approach”
Discussant: Emiliano Catan

10:15 – 10:45: Coffee Break

10:45 – 12:30: Session VI:

Panel VIA: Financial Institutions II: The Financial Crisis in Retrospect: Can We Do Better in Policing Systemic Risk? (Room 101)
Panel Chair: Anthony J. Casey

Kathryn Judge, “Thirteen Months: The Role of a Modern Lender of Last Resort”
Discussant: Prasad Krishnamurthy

Wulf A. Kaal, Barbara Luppi and Sandra Paterlini, “Did the Dodd-Frank Act Impact Private Fund Performance? Evidence from 2010 - 2015”
Discussant: Katherine Valerie Litvak

Anthony J. Casey and Eric A. Posner, “A Framework for Bailout Regulation”
Discussant: Michael Simkovic

Panel VIB: Can Legal Reforms Improve the Quality of Medical Care? (Room 102A)
Panel Chair: Jill Horwitz

Michael Frakes, Matthew Frank, and Seth Seabury, “The Impact of National Medical Liability Standards on Local Access to Physician Services”
Discussant: Kristin Madison

Paola Bertoli, Sofia Amaral Garcia, and Veronica Grembi, “Does Experience Rating Improve Obstetric Practices? Evidence from Geographical Discontinuities”
Discussant: Elliott Ash

Myungho Paik, Bernard Black, and David A. Hyman, “Damage Caps and Defensive Medicine, Revisited”
Discussant: Frank A. Sloan

Panel VIC: Liability Insurance (Room 102B)
Panel Chair: Kyle Logue

Patricia A. Robinson, Frank A. Sloan, and Lindsey M. Eldred, “Advantageous Selection, Moral Hazard, and Insurer Sorting on Risk in the U.S. Automobile Insurance Market”
Discussant: Joshua Teitelbaum

Henrik Lando, “Optimal Rules of Misrepresentation in Insurance Law”
Discussant: Abraham L. Wickelgren

Omri Ben-Shahar and Kyle Logue, “Under the Weather: Government Insurance and the Regulation of Climate Risks”
Discussant: Brian Galle

Panel VID: Contract Theory (Room 103)
Panel Chair: Kevin E. Davis

Maija Halonen-Akatwijuka and Oliver D. Hart, “Short-term, Long-term, and Continuing Contracts”
Discussant: W. Bentley MacLeod

Juanjo Ganuza and Fernando Gomez, “Formal Contracts without Courts”
Discussant: Patrick Bolton

Oren Bar-Gill and Kevin E. Davis, “(Mis)perceptions of Law in Consumer Markets”
Discussant: Andrew F. Daughety

Panel VIE: Corporate Governance: Directors and Shareholders (Room 105)
Panel Chair: Jordan M. Barry

Yaron Nili, “Servants of Two Masters? The Feigned Hysteria over Activist-Paid Directors”
Discussant: Slava Fos

Matthew D. Cain, Jill E. Fisch, Sean J. Griffith, and Steven Davidoff Solomon, “How Corporate Governance is Priced: The Case of the Golden Leash”
Discussant: Dhammika Dharmapala

Lynne L. Dallas and Jordan M. Barry, “Long-Term Shareholders and Time-Phased Voting”
Discussant: Assaf Hamdani

Panel VIF: Judicial Behavior IV (Room 107)
Panel Chair: Christopher L. Griffin, Jr.

Claudine Desrieux and Romain Espinosa, “Do Employers Fear Unions in Labor Courts? Theory and Evidence from French Labor Courts”
Discussant: Dan Klerman

Guy Grossman, Oren Gazal-Ayal, Sam Pimentel, and Jeremy Weinstein, “Descriptive Representation and Judicial Outcomes in Multi-Ethnic Societies”
Discussant: Thomas J. Miles

Christopher L. Griffin, Jr., “An Empirical Assessment of Panel Effects in Quasi- Judicial Decision Making”
Discussant: Jens Frankenreiter

Panel VIG: Patents II (Room 304)
Panel Chair: Shawn P. Miller

Roger Smeets, “Does Patent Litigation Crowd Out Corporate R&D? An Analysis of US Public Firms”
Discussant: David S. Abrams

Ian Ayres and Amy Kapczynski , “Innovation Sticks: The Limited Case for Penalizing Failures to Innovate”
Discussant: Giuseppe Dari-Mattiacci

Mark A. Lemley and Shawn P. Miller, “If You Can't Beat 'Em, Join 'Em? How Sitting by Designation Affects Judicial Behavior”
Discussant: David Schwartz

Panel VIH: Criminal Law: Theory and Data (Annex)
Panel Chair: Shmuel Leshem

Ricard Gil and Mario Macis, “Ain't No Rest for the Wicked”: Population, Crime, and the 2013 Government Shutdown”
Discussant: Max Schanzenbach

Berno Buechel and Gerd Muehlheusser, “Black Sheep or Scapegoats? Implementable Monitoring Policies under Unobservable Levels of Misbehavior”
Discussant: Nicolas Sahugeut

Ehud Guttel and Shmuel Leshem, “On the Credibility of Prosecutorial (and other) Threats”
Discussant: Omri Ben-Shahar

12:30 –1:45: Lunch–Faculty House

1:45 – 3:30: Session VII:

Panel VIIA: Crime Prevention (Room 101)
Panel Chair: Andrea Cann Chandrasekher

Jillian B. Carr and Jennifer L. Doleac, “Keep the Kids Inside: Juvenile Curfews, Bad Weather, and Urban Gun Violence”
Discussant: Bernardo S. da Silveira

Andrew Porter, “Libraries Fighting Crime: Spillover Effects of Public Institutions”
Discussant: Eric Helland

Andrea Cann Chandrasekher, “The Effect of Police Slowdowns on Crime”
Discussant: JJ Prescott

Panel VIIB: Corporate and Municipal Bankruptcy (Room 102A)
Panel Chair: Vincent S.J. Buccola

Antonio E. Bernardo, Alan Schwartz, and Ivo Welch, “Contracting Externalities and Mandatory Menus in the U.S. Corporate Bankruptcy Code”
Discussant: Laura Napoli Cordes

Antonio Falato and Nellie Liang, “Do Creditor Rights Increase Employment Risk? Evidence from Loan Covenants”
Discussant: Kenneth Ayotte

Vincent S.J. Buccola, “The Legislative Structure of Municipal Bankruptcy”
Discussant: Frederick Tung

Panel VIIC: Property Law: Theory and Applications (Room 102B)
Panel Chair: Lee Anne Fennell

Yael R. Lifshitz, “Rethinking Original Ownership”
Discussant: Henry E. Smith

Ronit Levine-Schnur and Gideon Parchomovsky, “Is the Government Fiscally Blind? An Empirical Examination of the Effect of the Compensation Requirement on Eminent Domain Exercises”
Discussant: Katrina Wyman

Lee Anne Fennell, “Slicing Spontaneity”
Discussant: Richard Brooks

Panel VIID: Antitrust: Vertical Interactions (Room 103)
Panel Chair: Jonathan B. Baker

Mika Kato, “Demand-enhancing Innovation”
Discussant: Matthew L. Spitzer

Louis Kaplow, “The Meaning of Vertical Agreement and the Structure of Competition Law”
Discussant: Ian Ayres

Jonathan B. Baker, “Evaluating Appropriability Defenses for the Exclusionary Conduct of Dominant Firms in Innovative Industries”
Discussant: Keith N. Hylton

Panel VIIE: Empirical Work on Contracts (Room 105)
Panel Chair: Yonathan A. Arbel

Sarath Sanga, “The Contract Frontier: A Study of the Modern Joint Venture”
Discussant: Charles Sabel

Jean Beuve, Marian Moszoro, and Stéphane Saussier, “Political Contestability and Contract Rigidity: An Analysis of Procurement Contracts”
Discussant: Lisa Bernstein

Yonathan A. Arbel, “Contract Remedies in Action: Specific Performance”
Discussant: Florencia Marotta-Wurgler

Panel VIIF: Products Liability (Room 107)
Panel Chair: Brian Libgober

Andrzej Baniak and Peter Grajzl, “Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation”
Discussant: Juanjo Ganuza

Ezra Friedman, “The Value of A Statistical Judgment: A New Approach to the Insurer's Duty to Settle”
Discussant: Claudine Desrieux

Brian Libgober and JJ Prescott “Accident Liability in Imperfect Markets”
Discussant: Claude Fluet

Panel VIIG: Corporate Governance and Activism (Room 304)
Panel Chair: Kobi Kastiel

Mira Ganor, “Why do Dual-Class Firms Have Staggered Boards?”
Discussant: Steven Davidoff

Stephen J. Choi, Jill E. Fisch, Marcel Kahan, and Edward B. Rock, “Does Majority Voting Improve Board Accountability?”
Discussant: Ryan Bubb

Kobi Kastiel, “Against All Odds: Shareholder Activism in Controlled Companies”
Discussant: Richard Squire

Panel VIIH: Cross Cutting Papers (Annex)
Panel Chair: Lisa Larrimore Ouellette

Ariel Porat and Omri Yadlin, “A Welfarist Perspective on Lies”
Discussant: Avery Katz

Scott Baker and Alex Raskolnikov, “Information, Strategy, and Optimal Responses to Legal Uncertainty”
Discussant: Justin McCrary

Jonathan S. Masur and Lisa Larrimore Ouellette, “Deference Mistakes”
Discussant: Scott Baker

3:30 – 4:30: Wine and Cheese Reception (Drapkin Lounge)
(Third-floor of Jerome Greene Hall)

Download a PDF version of the program.